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55 Newtown Ln
East Hampton, NY 11937 Outlying Eastern Suffolk

$2,500,000 USD

Storefront Retail Residential Condo For Sale  •  2,000 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,000 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1900
  • Tenancy Multiple
  • Zoning Office
50 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit Second Flo Office 2,000 SF $2,500,000 USD
  • Unit Size: 2,000 SF
  • Condo Use: Office
  • Price: $2,500,000 USD
  • Sale Type: Investment
  • Price/SF: $1,250.00 USD

Description

Prime Village Location — Situated on Newtown Lane in the core of East Hampton Village's business district, this fully renovated commercial condominium offers a rare opportunity to acquire a stabilized investment in one of the Hamptons' most sought-after commercial corridors. Steps from the Village's marquee retail, dining, and services, the location supports consistent occupancy and enduring value.

Turnkey Configuration with Modern Finishes — The property comprises eight private office units sharing a central kitchen and two bathrooms, creating an efficient, collaborative environment for professionals. Each office has been thoughtfully upgraded with high-quality finishes & built-in furnishings — a clean, contemporary aesthetic with broad tenant appeal.

Proven Income with Long-Term Stability — With minimal historical vacancy and net operating income of approximately $150,000 per year, the offering presents a reliable, low-maintenance investment in a supply-constrained market. Whether held for stabilized income or restructured for owner-occupancy, the East Hampton Village office market offers sustained tenant demand and exceptional fundamentals.

In Good Company - Newtown Lane neighbors include Brunello Cucinelli, Zimmermann, Chanel,  Louis Vuitton, Eric Emanuel, Capital One Bank, Cittanuova, Amber Waves, and Verizon.

Asking Price: $2,500,000

Contact the Hamptons Commercial RE Team for additional information.

Offered as a commercial condominium (second-floor office). Common charges and additional financial detail available on request.

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
East Hampton Station (Montauk Branch - Long Island Rail Road) 1 min 7 min 0.4 mi
Amagansett Station (Montauk Branch - Long Island Rail Road) 7 min - 3.2 mi
Transit/SubwayDriveWalkDistance
East Hampton Station (Montauk Branch - Long Island Rail Road) 1 min 9 min 0.4 mi
Sean Deery 631-480-5225 Compass
Sean Deery 631-480-5225 Compass